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Technical Outlook for the Dollar
Technically, the dollar is finishing the quarter on strong footing. It has risen against all the major currencies. The New Zealand dollar has eclipsed the yen as the weakest of the major currencies. It is off 7% since end of June. The Canadian dollar is strongest of the majors, losing only 2.7%, and that is after this week's leading 1.2% advance. Neither the euro nor the yen have been able to sustain even modest upticks. Despite extended positioning, the bears do not appear to have had their fill. Into the weekend G20 meeting, there has been no official resistance to the euro and yen's depreciation. The poor ... (full story)
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- Sep 21, 2014 5:05am Sep 21, 2014 5:05am
- smash1820
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- Sep 21, 2014 6:01am Sep 21, 2014 6:01am
- smash1820
- Joined Jul 2011 | Status: Winning | 92 Comments
Please check out my blog at https://from-zero-to-hero . net
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- Sep 21, 2014 11:27am Sep 21, 2014 11:27am
- pippiphooray
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